~Boston's Innovation District News, Technology & Special Events~

Stealth Outsourcing at State Street?
By ADAM REILLY | Article Courtesy of: WGBH
BOSTON — Despite hundreds of layoffs over the past few years, State Street Corporation remains one of Massachusetts’ biggest employers.
On July 11, that status helped the company land an $11.5 million tax break from the City of Boston to move into a new building on the South Boston waterfront. But as State Street prepares to take Southie, one former employee is warning that the company’s local … [Read more...]

Wanted: A hotel near the convention center
THIS STORY APPEARED IN - - By Paul McMorrow
Article Courtesy of: The Boston Globe
In two weeks, Boston officials will converge on a South Boston parking lot.
They will clutch shiny commemorative shovels and hurl superlatives at the Cambridge Innovation Center, a technology incubator that will be breaking ground on a Boston outpost.
They will name-check Vertex, the pharmaceutical giant now building a new headquarters across the street … [Read more...]

Waterfront businesses hope for boost from new website
By Greg Turner | Article Courtesy of: http://www.bostonherald.com
A new website dedicated to the South Boston waterfront has a fitting sponsor: Boston Private Bank & Trust Co., an early tenant at the pioneer development Seaport Place.
The bank, based across Fort Point Channel in Post Office Square, opened its Seaport Boulevard office nine years ago — and recently signed for 10 more years in the complex developed by Fidelity … [Read more...]

Four new businesses moving to South Boston's Innovation District
By Patrick D. Rosso - Article Courtesy of: Boston.com
New businesses will soon be coming to South Boston's bustling "Innovation District".
Meritage Properties LLC recently announced that it has executed four leases for space at its Tower Point property on A Street.
The four companies, Boston Plan for Excellence, Guaranteed Rate, Zerto and the Bennett Group, will take up nearly 22,000 square-feet of the six-story … [Read more...]

Dynamo Micropower gets $ to build micro machine
Article Courtesy of: Boston Business Journal by Kyle Alspach, VC Editor
Jason Ethier is the co-founder of Dynamo Micropower, who wants to shrink the weight of a home gas generator by about 160 pounds.
Dynamo Micropower is a tiny startup that’s only been around a short time, trying to build a very small generator for the home.
But since forming the company in January, co-founder Jason Ethier, 23, has gotten signals he may be onto a … [Read more...]

App firm Mendix to triple Boston staff after raising $13M
Boston Business Journal by Kyle Alspach, VC Editor
Kyle Alspach - VC Editor - Article Courtesy of: Boston Business Journal
Business app software firm Mendix Inc. plans to triple its Boston staff to 30 in the next year after raising a Series A round of $13 million, the company said Monday.
The company, founded in the Netherlands in 2005, has its sales and marketing headquarters in the South Boston Innovation … [Read more...]

Innovation District is bringing new energy to Boston
Article Courtesy of: Boston Homes
Boston is the sixth most economically powerful city in the world, Mayor Thomas M. Menino told business leaders last month at a forum about the waterfront, sponsored by the National Association of Industrial and Office Properties.
It is ahead of Beijing, Hong Kong and Sao Paolo.
That’s pretty significant, considering Boston’s size. Tokyo ranked number one, followed by New York City. Chicago fell in … [Read more...]

Satcon Technology to Grow Solar Manufacturing in Boston
By GetSolar Staff.
Satcon Technology, the manufacturer of power inverters for utility-scale solar projects, announced this week that it will expand its manufacturing capacity in Boston, Massachusetts through the hiring of an additional 25 workers over the next two months.
The Boston Business Journal reports that the Boston-based company decided to augment its manufacturing in Boston after a lengthy review of potential sites in … [Read more...]

Acetylon moving to Boston’s Seaport Center
Article Courtesy of: www.masshightech.com
Biotech Acetylon Pharmaceuticals Inc. is moving from its Albany Street location in Boston to the Seaport Center near the South Boston waterfront.
Acetylon is developing selective small molecule histone deacetylase (HDAC) inhibitors and other targeted drugs for the treatment of cancers, and for inflammatory, neurodegenerative, genetic and infectious diseases.
The company has leased 9,700 square feet of … [Read more...]

Cleaning up Boston Harbor and smart waterfront development – to build a thriving New England
Jun 24, 2011 by Seth Kaplan | Leave a Comment
At the ceremony marking the completion of the Stormwater Storage Tunnel under South Boston Mayor Menino of Boston connected a couple of important dots and made a powerful case for how environmental protection and economic development and prosperity are allied efforts that support each other – not competing values where one must lose for the other to … [Read more...]